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Do you pay enough taxes? What is enough? When asked on "60 Minutes," Rep. Alexandria Ocasio-Cortez didn't seem to have a specific tax rate in mind, but then she said, "back in the '60s ... you see tax rates as high as 60 or 70 percent." Suddenly, 70 percent tax rates...

A French tax policy designed to collect money from the country's wealthiest citizens and was effectively a more extreme version of Rep. Alexandria Ocasio-Cortez's proposed tax plan was scrapped after just two years because it failed to raise enough money. In September 2012, then-French President Francois Hollande introduced a "supertax" on the rich, which taxed earnings of over...

It seems like New York and Alexandria Ocasio-Cortez could learn a thing or two from Europe. The “millionaire tax” that both the state and its most controversial representative are proposing was first attempted in France back in 2012. Then, President Francois Hollande instilled a 75 percent “supertax” on all income exceeding $1.12 million. Two years later, the plan was...

The 2018 midterm elections brought a wave of new discussion about the tax system, and policymakers are increasingly looking at measured aimed at making the tax system more progressive. Even at the federal level, several prominent lawmakers have proposed raising taxes on high-income taxpayers, with the call from Rep. Alexandria Ocasio-Cortez (D-N.Y.) to impose a 70% marginal tax...

When did "billionaire" become a dirty word? Maybe it was when former Starbucks chief executive Howard Schultz dismissed Massachusetts Sen. Elizabeth Warren's proposal for higher taxes on fortunes of $50 million or higher as "ridiculous." Or when an audience the World Economic Forum in Davos, Switzerland, laughed out loud at the suggestion that the super-rich should contribute...

Stossel: Tax Myths

published:12 Mar 2019

Stossel: Tax Myths

Stossel: Tax Myths

published:12 Mar 2019

views:36474

Alexandria Ocasio-Cortez thinks taxing the rich at 70 percent will bring in lots of tax money. It won\'t.
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Reason is the planet\'s leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won\'t get from legacy media and old left-right opinion magazines.
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On 60 Minutes, Rep. Alexandria Ocasio-Cortez (D–N.Y.) recently said \"people are going to have to start paying their fair share in taxes.\"
Anderson Cooper then asked her what a \"fair share\" would be.
Ocasio-Cortez responded that in the past, \"Sometimes you see tax rates as high as 60-70 percent.\"
Soon, that became the progressive plan.
But economic historian Phil Magness, of the American Institute for Economic Research, says that progressives miss an important fact: The high tax rates that America had in the past actually didn\'t bring in much revenue.
When rates were at 70 percent, Magness tells John Stossel, \"A millionaire on average would pay 41 percent.\"
That\'s because rich people find loopholes. When America had its highest top tax rates, newspapers ran ads like \"Cruise for free...$2,499 value.\"
Magness explains: \"Basically [you could] take a vacation around the Caribbean, but while you\'re onboard the ship, you attend, say, an investing seminar or a real estate seminar—then write off the [whole] trip.\"
Stoss...

Stossel: Tax Myths

published:12 Mar 2019

views:36474

Alexandria Ocasio-Cortez thinks taxing the rich at 70 percent will bring in lots of tax money. It won\'t.
---------
Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magaz...
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a
Reason is the planet\'s leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won\'t get from legacy media and old left-right opinion magazines.
---------
On 60 Minutes, Rep. Alexandria Ocasio-Cortez (D–N.Y.) recently said \"people are going to have to start paying their fair share in taxes.\"
Anderson Cooper then asked her what a \"fair share\" would be.
Ocasio-Cortez responded that in the past, \"Sometimes you see tax rates as high as 60-70 percent.\"
Soon, that became the progressive plan.
But economic historian Phil Magness, of the American Institute for Economic Research, says that progressives miss an important fact: The high tax rates that America had in the past actually didn\'t bring in much revenue.
When rates were at 70 percent, Magness tells John Stossel, \"A millionaire on average would pay 41 percent.\"
That\'s because rich people find loopholes. When America had its highest top tax rates, newspapers ran ads like \"Cruise for free...$2,499 value.\"
Magness explains: \"Basically [you could] take a vacation around the Caribbean, but while you\'re onboard the ship, you attend, say, an investing seminar or a real estate seminar—then write off the [whole] trip.\"
Stoss...

John Stossel shares what happened at his lunch with Hillary

Academic Hoax

published:05 Mar 2019

Academic Hoax

Academic Hoax

published:05 Mar 2019

views:116670

Three people conducted what they call a ‘grievance studies’ experiment. They wrote fake papers on ridiculous subjects and submitted them to prominent academic journals in fields that study gender, race, and sexuality.
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Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/johnstossel
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They did this to “expose a political corruption that has taken hold of the universities,” say the hoaxers in a video which documented the process.
John Stossel interviewed James Lindsay and Peter Boghossian, who along with Helen Pluckrose, sent so-called research papers to 20 journals.
They were surprised when seven papers were accepted. One claimed that \"dog humping incidents at dog parks\" can be taken as \"evidence of rape culture.” It was honored as “excellent scholarship.”
Another paper rewrote a section of Adolf Hitler’s Mein Kampf as intersectional feminism.
Stossel assumed that the journals would apologize for publishing nonsense and question the quality of their scholarship. But instead they criticized the the hoaxers, complaining that they \"engaged in flawed and unethical research.”
Of course, that was the point of the hoax.
Boghossian is unapologetic, telling Stossel the hoax shows “scholarship in these disciplines is utterly corrupted … they have placed an agenda before the truth.”
When Stossel suggests, “maybe you are just conservative hacks looking to defend your white privilege.” Lindsay replied “I’ve never voted for a republican in my life.” B...

Academic Hoax

published:05 Mar 2019

views:116670

Three people conducted what they call a ‘grievance studies’ experiment. They wrote fake papers on ridiculous subjects and submitted them to prominent academic journals in fields that study gender, race, and sexuality.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/johnstossel
---------
They did this to “expose a political corruption that has taken hold of the universities,” say the hoaxers in a video which documented the process.
John Stossel interviewed James Lindsay and Peter Boghossian, who along with Helen Pluckrose, sent so-called research papers to 20 journals.
They were surprised when seven papers were accepted. One claimed that \"dog humping incidents at dog parks\" can be taken as \"evidence of rape culture.” It was honored as “excellent scholarship.”
Another paper rewrote a section of Adolf Hitler’s Mein Kampf as intersectional feminism.
Stossel assumed that the journals would apologize for publishing nonsense and question the quality of their scholarship. But instead they criticized the the hoaxers, complaining that they \"engaged in flawed and unethical research.”
Of course, that was the point of the hoax.
Boghossian is unapologetic, telling Stossel the hoax shows “scholarship in these disciplines is utterly corrupted … they have placed an agenda before the truth.”
When Stossel suggests, “maybe you are just conservative hacks looking to defend your white privilege.” Lindsay replied “I’ve never voted for a republican in my life.” B...

Sugar’s Sweetheart Deal

published:26 Feb 2019

Sugar’s Sweetheart Deal

Sugar’s Sweetheart Deal

published:26 Feb 2019

views:55987

The U.S. sugar program is “Stalin-style price controls,\" Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
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The U.S. government uses a complex system of loans, domestic quotas, and limits on how much sugar we can import. The goal is to control the price of sugar.
Stossel calls it “Welfare for the rich.\" Economists say the program costs consumers billions a year. And yet the sugar industry makes videos that say “it costs taxpayers nothing.”
Economist Vincent H. Smith writes that the “Stalinist-style,” supply control, “substantially increases U.S. prices - on average U.S. sugar prices are about twice as high as world prices.”
Yet politicians from sugar-producing states defend the program. “It basically allows our sugar industry to compete with other countries that are heavily subsidized by their home countries,” Senator Marco Rubio said in an interview with Fox News.
Stossel takes Rubio’s claim to Marchand, “It\'s only fair to our sugar producers who don\'t get subsidized, who can\'t compete with these subsidized countries.”
Marchand replies, “Is it fair for customers to pay double the world rate for sugar. Is it fair for taxpayers to have to bail out a handful of super rich super-connected sugar processors. No.”
Ryan Weston, representing the Sugarcane Growers, goes on TV programs and says, “we are a no cost program, no cost to the taxpayer.”
“That\'s absolu...

Sugar’s Sweetheart Deal

published:26 Feb 2019

views:55987

The U.S. sugar program is “Stalin-style price controls,\" Ross Marchand of the Taxpayers Protection Alliance tells John Stossel.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/johnstossel
---------
The U.S. government uses a complex system of loans, domestic quotas, and limits on how much sugar we can import. The goal is to control the price of sugar.
Stossel calls it “Welfare for the rich.\" Economists say the program costs consumers billions a year. And yet the sugar industry makes videos that say “it costs taxpayers nothing.”
Economist Vincent H. Smith writes that the “Stalinist-style,” supply control, “substantially increases U.S. prices - on average U.S. sugar prices are about twice as high as world prices.”
Yet politicians from sugar-producing states defend the program. “It basically allows our sugar industry to compete with other countries that are heavily subsidized by their home countries,” Senator Marco Rubio said in an interview with Fox News.
Stossel takes Rubio’s claim to Marchand, “It\'s only fair to our sugar producers who don\'t get subsidized, who can\'t compete with these subsidized countries.”
Marchand replies, “Is it fair for customers to pay double the world rate for sugar. Is it fair for taxpayers to have to bail out a handful of super rich super-connected sugar processors. No.”
Ryan Weston, representing the Sugarcane Growers, goes on TV programs and says, “we are a no cost program, no cost to the taxpayer.”
“That\'s absolu...

John Stossel and Dave Rubin: Personal Freedom and the Role of Government (Full Interview)

published:29 Sep 2017

John Stossel and Dave Rubin: Personal Freedom and the Role of Government (Full Interview)

John Stossel and Dave Rubin: Personal Freedom and the Role of Government (Full Interview)

published:29 Sep 2017

views:162573

John Stossel (consumer reporter) joins Dave to discuss his political evolution from leftism to libertarianism, personal freedom, the role of government, the changing landscape of mainstream media, Universal Basic Income, and more.
***Subscribe: http://www.youtube.com/subscription_center?add_user=RubinReport
*NEW: Official Rubin Report Merchandise: https://teespring.com/stores/therubinreport
WATCH - \"The Left is No Longer Liberal\": https://www.youtube.com/watch?v=Tq86Beh3T70
******
The Rubin Report is fan funded: http://www.rubinreport.com/donate
SUPPORT MONTHLY (Patreon): https://www.patreon.com/rubinreport
SUPPORT MONTHLY or ONE TIME (PayPal): http://www.rubinreport.com/donate
What are your thoughts? Comment below or tweet to Dave: https://twitter.com/RubinReport
Sign up for our newsletter with the best of Rubin Report each week: http://www.rubinreport.com/newsletter
******
John Stossel
Consumer Reporter
John on Twitter: https://twitter.com/JohnStossel
******
Follow Dave on Twitter: https://twitter.com/RubinReport
Follow The Rubin Report on Facebook: https://www.facebook.com/rubinreport
Follow Dave on Facebook: https://www.facebook.com/daverubin
About Dave Rubin: http://daverubin.tv/
******
The Rubin Report is the only talk show about free speech and big ideas on YouTube. Each week Dave Rubin uses logic and reason to have honest conversations about politics, polarizing issues, current events, and more. Dave goes one on one with thought leaders, authors, and comedians in \'The Sit Down,\' moderates opposing voices in \'The Panel,\' and gives his unfiltered thoughts...

John Stossel and Dave Rubin: Personal Freedom and the Role of Government (Full Interview)

published:29 Sep 2017

views:162573

John Stossel (consumer reporter) joins Dave to discuss his political evolution from leftism to libertarianism, personal freedom, the role of government, the changing landscape of mainstream media, Universal Basic Income, and more.
***Subscribe: http://www.youtube.com/subscription_center?add_user=RubinReport
*NEW: Official Rubin Report Merchandise: https://teespring.com/stores/therubinreport
WATCH - \"The Left is No Longer Liberal\": https://www.youtube.com/watch?v=Tq86Beh3T70
******
The Rubin Report is fan funded: http://www.rubinreport.com/donate
SUPPORT MONTHLY (Patreon): https://www.patreon.com/rubinreport
SUPPORT MONTHLY or ONE TIME (PayPal): http://www.rubinreport.com/donate
What are your thoughts? Comment below or tweet to Dave: https://twitter.com/RubinReport
Sign up for our newsletter with the best of Rubin Report each week: http://www.rubinreport.com/newsletter
******
John Stossel
Consumer Reporter
John on Twitter: https://twitter.com/JohnStossel
******
Follow Dave on Twitter: https://twitter.com/RubinReport
Follow The Rubin Report on Facebook: https://www.facebook.com/rubinreport
Follow Dave on Facebook: https://www.facebook.com/daverubin
About Dave Rubin: http://daverubin.tv/
******
The Rubin Report is the only talk show about free speech and big ideas on YouTube. Each week Dave Rubin uses logic and reason to have honest conversations about politics, polarizing issues, current events, and more. Dave goes one on one with thought leaders, authors, and comedians in \'The Sit Down,\' moderates opposing voices in \'The Panel,\' and gives his unfiltered thoughts...

Bad Laws Cause Homeless Crisis

published:05 Feb 2019

Bad Laws Cause Homeless Crisis

Bad Laws Cause Homeless Crisis

published:05 Feb 2019

views:380849

Parts of San Francisco resemble the poorest slums in the world -- even though the city is one of the richest in America.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/johnstossel
---------
Encampments of street people are everywhere. Some pitch tents. Others defecate on the sidewalk. Some are mentally ill and harass people.
John Stossel asks: \"why does such a rich city have a huge problem with homelessness?\"
One reason in that the city fails to enforce even basic laws against bad behavior.
The Daily Wire\'s Colton Haas filmed one woman who says: \"Police don\'t do anything about it. They\'ll get somebody for drinking a beer but they\'ll walk right past people using a needle.\"
Many crimes, from shoplifting to car break-ins, are often ignored in San Francisco. An average of 85 cars are broken into every day in the city. Yet police make arrests in less than 2 percent of car break-ins.
Even some street people complain about the behavior of crazy and violent homeless people. \"They run around and they shout at themselves ... They make it bad for people like us that hang out with a sign,\" one man who usually sleeps on the street told us.
Since store owners can\'t rely on city cops to deal with the masses of homeless, some hire private police to patrol around their stores. Private police are effective, and there used to be hundreds. But then the city\'s police union complained, and now there are fewer than 10 left.
Stossel notes that another reason for ...

Bad Laws Cause Homeless Crisis

published:05 Feb 2019

views:380849

Parts of San Francisco resemble the poorest slums in the world -- even though the city is one of the richest in America.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/johnstossel
---------
Encampments of street people are everywhere. Some pitch tents. Others defecate on the sidewalk. Some are mentally ill and harass people.
John Stossel asks: \"why does such a rich city have a huge problem with homelessness?\"
One reason in that the city fails to enforce even basic laws against bad behavior.
The Daily Wire\'s Colton Haas filmed one woman who says: \"Police don\'t do anything about it. They\'ll get somebody for drinking a beer but they\'ll walk right past people using a needle.\"
Many crimes, from shoplifting to car break-ins, are often ignored in San Francisco. An average of 85 cars are broken into every day in the city. Yet police make arrests in less than 2 percent of car break-ins.
Even some street people complain about the behavior of crazy and violent homeless people. \"They run around and they shout at themselves ... They make it bad for people like us that hang out with a sign,\" one man who usually sleeps on the street told us.
Since store owners can\'t rely on city cops to deal with the masses of homeless, some hire private police to patrol around their stores. Private police are effective, and there used to be hundreds. But then the city\'s police union complained, and now there are fewer than 10 left.
Stossel notes that another reason for ...

Alexandria Ocasio-Cortez thinks taxing the rich at 70 percent will bring in lots of tax money. It won\'t.
---------
Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magaz...
Follow us on Twitter: https://twitter.com/reason
Subscribe t

Three people conducted what they call a ‘grievance studies’ experiment. They wrote fake papers on ridiculous subjects and submitted them to prominent academic journals in fields that study gender, race, and sexuality.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me

John Stossel joins Ben to discuss the differences between libertarianism and conservatism, why the Libertarian Party doesn\'t win elections, and at what point taxation becomes theft.
Subscribe to the Daily Wire to watch the bonus question! https://bit.ly/2q0wopL
Check Ben out on:
Daily Wire website

John Stossel (consumer reporter) joins Dave to discuss his political evolution from leftism to libertarianism, personal freedom, the role of government, the changing landscape of mainstream media, Universal Basic Income, and more.
***Subscribe: http://www.youtube.com/subscription_center?add_user=

Parts of San Francisco resemble the poorest slums in the world -- even though the city is one of the richest in America.
---------
Subscribe to my YouTube channel: http://youtube.com/johnstossel
Like me on Facebook: https://www.facebook.com/JohnStossel/
Follow me on Twitter: https://twitter.com/joh